Risks are part and parcel of any institution because a business cannot grow without taking risks. A business entity has to take the calculative risk to expand. But taking risk is different, and managing it is entirely different. Effective risk management is a comprehensive and detailed view of risk across organizational decisions.
A risk management program creates transparency and understanding of risks while identifying the risk management framework. Therefore, through the CRU program at Imarticus, we teach to identify, manage and monitor organizational risks, whether internal or external risks. This program facilitates you to achieve your strategic goals and the organization's objective by maintaining its financial growth and stability.
Credit Risk Management Courses
When a borrower takes a loan from any institution, there are the chances of repaying the debtor being a defaulter. Credit risk is the loss probability of the borrower. While developing an understanding and the relation between the bank's capital and loan loss, the reserve is defined as credit risk management.
There is a promising and lucrative career in credit risk management. With the CRU program at Imarticus, you will learn to focus on a specific area of finance. This course will teach you to develop a strategy to manage risk because risk affects investment decisions. You will learn to quantify risk and become a credit risk analyst.
The course in credit risk management teaches you to look at all the variables involved in the strategy and the risk involved therein. After becoming a credit risk analyst, you will perform various analytical techniques for evaluating the risk involved in lending and another business risk. You will learn to produce reports and recommend business entities about the best course of action, like credit limit and interest rate. The report by the credit risk analyst and his recommendation will help the business entity to give the borrowers the best credit options, which are also in the good interest of the lender.
Some credit risk analysts also have the power to make the final decision to approve or decline credit to the applicants. In most cases, this power vests with the financial managers or the loan committee members.
Credit Analyst course
After completing the CRU program at Imarticus, you will become a credit risk analyst. A credit risk analyst evaluates the creditworthiness of the new applicants and simultaneously examines the creditworthiness of the existing debtor. The analyst monitors the debtors' ongoing financial performance and works in direct contact with the consumers for collecting necessary information. Also, the analyst may coordinate with retail sales agents or even with the credit officers.
At Imarticus, we help you explore various analytical techniques to evaluate the risk involved in lending or extending credit. For this, you will have to assess the financial statements, credit or job history, and payment report. You will also study the operation of the business, the local market, the other markets in which the business operates, and the competitiveness the business is facing.